OTCPK:AETLF - Post by User
Comment by
Wise_Foolon Jun 29, 2014 9:28am
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Post# 22703849
RE:RE:Undervalued
RE:RE:UndervaluedWith 800,000 share dilution from bought deal financing, along with betweel 100,000 and 200,000 shares per quarter from potential dividend shares from DRIP plan, I can't see it much above 8.30 to 8.50 range UNLESS they come in with some pretty significant wells. High decline rate will make it difficult to maintain their current production levels. Time will tell I suppose. August production figures should be out within 6 weeks. Watch closely.